North American Construction Group (NOA) to Release Quarterly Earnings on Wednesday

North American Construction Group (NYSE:NOA) (TSE:NOA) is expected to be posting its quarterly earnings results after the market closes on Wednesday, March 5th. Analysts expect North American Construction Group to post earnings of $0.73 per share and revenue of $217.60 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

North American Construction Group Trading Up 0.2 %

Shares of North American Construction Group stock opened at $18.11 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.88 and a debt-to-equity ratio of 1.85. The company has a fifty day simple moving average of $20.07 and a 200-day simple moving average of $19.45. The stock has a market cap of $503.10 million, a price-to-earnings ratio of 12.58 and a beta of 1.44. North American Construction Group has a 12-month low of $16.46 and a 12-month high of $25.92.

Analyst Upgrades and Downgrades

Several research firms have issued reports on NOA. Cibc World Mkts upgraded shares of North American Construction Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, December 5th. CIBC raised North American Construction Group from a “neutral” rating to a “sector outperform” rating in a report on Thursday, December 5th. Finally, Raymond James upgraded North American Construction Group from a “moderate buy” rating to a “strong-buy” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

About North American Construction Group

North American Construction Group Ltd. provides mining and heavy civil construction services to customers in the resource development and industrial construction sectors in Australia, Canada, and the United States. The company operates Heavy Equipment – Canada, Heavy Equipment – Australia, and Other segments.